Tandy Historical Income Statement
| TLF Stock | USD 4.09 0.08 1.92% |
Historical analysis of Tandy Leather income statement accounts such as Other Operating Expenses of 56.2 M, Operating Income of 4.9 M, EBIT of 4.8 M or Ebitda of 6.4 M can show how well Tandy Leather Factory performed in making a profits. Evaluating Tandy Leather income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Tandy Leather's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Tandy Leather Factory latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Tandy Leather Factory is a good buy for the upcoming year.
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About Tandy Income Statement Analysis
Tandy Leather Factory Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Tandy Leather shareholders. The income statement also shows Tandy investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Tandy Leather Income Statement Chart
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Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Total Revenue
Total revenue comprises all receipts Tandy Leather Factory generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Tandy Leather Factory minus its cost of goods sold. It is profit before Tandy Leather operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Tandy Leather Factory. It is also known as Tandy Leather overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Cost Of Revenue
Cost of Revenue is found on Tandy Leather Factory income statement and represents the costs associated with goods and services Tandy Leather provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from Tandy Leather's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Tandy Leather Factory current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tandy Leather Factory. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At this time, Tandy Leather's EBIT is most likely to decrease significantly in the upcoming years. The Tandy Leather's current Income Before Tax is estimated to increase to about 4.7 M, while Total Revenue is projected to decrease to roughly 61.1 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 16K | 9K | 8.1K | 7.7K | Depreciation And Amortization | 4.3M | 4.4M | 4.6M | 4.9M |
Tandy Leather income statement Correlations
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Tandy Leather Account Relationship Matchups
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Tandy Leather income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 5.1M | 4.2M | 4.3M | 4.4M | 4.6M | 4.9M | |
| Interest Expense | 36.3K | 7K | 16K | 9K | 8.1K | 7.7K | |
| Total Revenue | 74.9M | 64.1M | 82.7M | 80.3M | 76.2M | 61.1M | |
| Gross Profit | 42.0M | 36.1M | 47.0M | 46.5M | 45.2M | 35.1M | |
| Other Operating Expenses | 76.5M | 69.4M | 80.4M | 78.9M | 71.8M | 56.2M | |
| Operating Income | (1.6M) | (5.3M) | 2.3M | 1.4M | 4.4M | 4.9M | |
| Ebit | (1.6M) | (6.3M) | 2.2M | 1.4M | 4.4M | 4.8M | |
| Ebitda | 3.6M | (2.1M) | 6.5M | 5.8M | 9.0M | 6.4M | |
| Cost Of Revenue | 33.0M | 28.0M | 35.7M | 33.8M | 31.1M | 26.0M | |
| Total Operating Expenses | 43.6M | 41.3M | 44.7M | 45.1M | 40.8M | 30.3M | |
| Income Before Tax | (2.6M) | (6.3M) | 2.2M | 1.4M | 4.5M | 4.7M | |
| Total Other Income Expense Net | (1.0M) | 69K | (107K) | 20K | 135K | 141.8K | |
| Net Income | (1.9M) | (4.9M) | 1.4M | 1.2M | 3.8M | 2.8M | |
| Income Tax Expense | (690.5K) | (1.4M) | 839K | 181K | 777K | 738.2K | |
| Selling General Administrative | 32.9M | 32.8M | 36.0M | 36.0M | 35.2M | 28.4M | |
| Net Income Applicable To Common Shares | 2.0M | (1.9M) | (1.9M) | 1.4M | 1.2M | 1.2M | |
| Selling And Marketing Expenses | 5.7M | 5.5M | 4.3M | 4.4M | 4.7M | 4.5M | |
| Tax Provision | (690.5K) | (1.4M) | 839K | 181K | 642K | 1.3M | |
| Net Interest Income | (36.3K) | (7K) | (16K) | 9K | 20K | 21K | |
| Reconciled Depreciation | 5.1M | 4.2M | 4.3M | 4.4M | 4.5M | 4.5M |
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When determining whether Tandy Leather Factory is a strong investment it is important to analyze Tandy Leather's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Tandy Leather's future performance. For an informed investment choice regarding Tandy Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tandy Leather Factory. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Specialty Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tandy Leather. If investors know Tandy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tandy Leather listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.83) | Earnings Share 0.29 | Revenue Per Share 8.938 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0292 |
The market value of Tandy Leather Factory is measured differently than its book value, which is the value of Tandy that is recorded on the company's balance sheet. Investors also form their own opinion of Tandy Leather's value that differs from its market value or its book value, called intrinsic value, which is Tandy Leather's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tandy Leather's market value can be influenced by many factors that don't directly affect Tandy Leather's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tandy Leather's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tandy Leather is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tandy Leather's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.